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06.06.07 Your Credit Score Matters
MP3 Audio: 06.06.07 Your Credit Score Matters (0.91mb) Download
By: David Bach visit website
Genre: personal finance/
David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.
Hi, this is David Bach. Mortgage lenders are tightening their standards. If you're planning to purchase a home in the future, it's important now more than ever to improve your credit score. Your credit score ranges from 350 (the lowest) to 850 (the highest). Anything over 700 is considered good. Score 750 or higher and lenders will give you their best deals. A score below 500 means you will have trouble getting a loan no matter how high an interest rate you're willing to pay. Visit MyFico.com for tips on how to work toward improving your credit score. It takes time so get started today. I'm David Bach. For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.
Visit davidbach.com for mortgage information and to find a branch near you.
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